Recent news
Latest items of recent news relevant to Asia as reported in our fortnightly newswire ‘Dernières nouvelles’.
Laos: Further recent revision of the minimum wage
With effect from 1st October 2023, the monthly minimum wage in the private sector of this SE Asian country will be increased from the current 1 …
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Asia: Money supply in Asia’s two leading economies continues to rise
When governments run out of money to fund their programmes, or wish to crudely stimulate their economies, they either tax more, issue state bonds or simply print more money …
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South Korea: Age counting method changed
On 28th June 2023 the population of South Korea all became at least one year younger …
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Kyrgyzstan: Meeting with Israel to discuss labour mobility
The Ministers of Labour of Kyrgyzstan and Israel met recently to consider what scope exists for Kyrgyzstanis to find employment in fields such as construction, hospitality and care for the elderly …
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Laos: Poor nation turns to training to escape coming crisis
The latest annual increase in the minimum wage has just been introduced …
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Laos: Soaring inflation met by modest minimum wage adjustment
The country’s consumer price inflation rate over the year to Q1 2023 was 40 …
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Laos: Minimum wage to be increased from 1st May 2023
With effect from 1st May 2023, the monthly minimum wage in the private sector will be increased from the current 1 …
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Kyrgyzstan: Full insurance premiums now payable for foreign workers.
Until recently, employers were required to pay only 3% of foreign work salaries into State insurance funds, provided that their employment was not classified as permanent …
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APAC: Slow recovery after the shocks of the pandemic
The ILO has just issued a comprehensive report on latest job trends across the APAC region …
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SE Asia: High economic growth rate showing signs of slowing
Although the leading economies in SE Asia have enjoyed a strong surge of activity since lockdowns were lifted, there are signs that growth is peaking and even on the way down …
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Papua New Guinea: New national employment policy launched
The country has recently launched its first National Employment Policy …
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Laos: Is this the next country to go the way of Sri Lanka?
The country of 7 …
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South East Asia: Taiwan warns of employment scams
Taiwan’s foreign office has warned that sections of the jobs market in Cambodia, Philippines, Myanmar and Laos are being rapidly dominated by criminal gangs …
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Macau: Unemployment hits highest level since 2009
Unemployment rose to a 13-year high in three months to February 2022 …
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Kyrgyzstan: Living wage increased by 15.6% in Q2 2021
According to the latest figures from the National Statistics Committee, the average living wage per capita in Q2 2021 amounted to 6,332 …
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